{"id":79649,"date":"2015-10-16T01:32:30","date_gmt":"2015-10-16T05:32:30","guid":{"rendered":"http:\/\/countingpips.com\/?p=79649"},"modified":"2015-10-16T08:16:11","modified_gmt":"2015-10-16T12:16:11","slug":"usdjpy-bottomed-at-118-05","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/usdjpy-bottomed-at-118-05\/","title":{"rendered":"USDJPY bottomed at 118.05."},"content":{"rendered":"
October 16, 2015<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1467<\/td>\n1.1546<\/td>\n1.1598<\/td>\n<\/tr>\n
Support<\/td>\n1.1335<\/td>\n1.1283<\/td>\n1.1204<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0edged up at 1.1494, before closing below the daily pivot point at 1.1415. If the pair manages to break below the support level at 1.1335, the next target is seen at 1.1283.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would lead the exchange rate above the daily pivot, with immediate target the resistance at 1.1467.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"EURUSDH4\"<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n
\"GBPUSD<\/a><\/td>\nGBPUSD<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.5500<\/td>\n1.5550<\/td>\n1.5593<\/td>\n<\/tr>\n
Support<\/td>\n1.5407<\/td>\n1.5364<\/td>\n1.5313<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is negotiating near the previous top, slightly below the hurdle at 1.5500. A decisive movement to the north will generate strength for the market to penetrate this level, targeting the resistance at 1.5550.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a plunge of GBPUSD below the daily pivot (1.5474) will push prices to find support at 1.5407.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"GBPUSDH4\"<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9542<\/td>\n0.9585<\/td>\n0.9618<\/td>\n<\/tr>\n
Support<\/td>\n0.9466<\/td>\n0.9432<\/td>\n0.9389<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0has achieved to surpass\u00a0the daily pivot at 0.9509. A bounce up from current levels will most likely bring the market into a correction course towards the resistance levels at 0.9542 and 0.9585.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair manage to breach the daily pivot, the next support is seen at 0.9466.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDCHFH4\"<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n
\"USDJPY<\/a><\/td>\nUSDJPY<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n119.24<\/td>\n119.61<\/td>\n120.04<\/td>\n<\/tr>\n
Support<\/td>\n119.04<\/td>\n118.61<\/td>\n118.05<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0pair bottomed at 118.05, before\u00a0the correction up to 119.24. A fruitless attempt for further correction, will push USDJPY to violate the support at 119.04, opening the way down to 118.61.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a successful attempt to exceed the hurdle at 119.24 will lift the currency pair towards the lower level of the cloud at 119.61.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDJPYH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"AUDUSD<\/a><\/td>\nAUDUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7369<\/td>\n0.7414<\/td>\n0.7466<\/td>\n<\/tr>\n
Support<\/td>\n0.7271<\/td>\n0.7219<\/td>\n0.7173<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is trading slightly above the support level at 0.7271. A tumble of the market will lead the pair to breach this level, targeting the forthcoming support at 0.7219 and further down to 0.7173.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nA\u00a0higher thrust of the exchange rate will fuel the pair to penetrate the daily pivot (0.7317). The next resistance is seen at 0.7369.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"AUDUSDH4\"<\/a><\/p>\n

 <\/p>\n

\n

\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime EURUSD H4 Resistance 1.1467 1.1546 1.1598 Support 1.1335 1.1283 1.1204 Primary Scenario EURUSD\u00a0edged up at 1.1494, before closing below the daily pivot point at 1.1415. If the pair manages to break below the support level at 1.1335, the next target is seen at 1.1283. Alternative Scenario An upward wave would lead the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-79649","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=79649"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79649\/revisions"}],"predecessor-version":[{"id":79682,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79649\/revisions\/79682"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}